NCC Bank finally convenes its AGMs for two bygone fiscal years 2073-74 and 2074-75; endorses 15.89 % bonus shares to meet paid up requirement of Rs 8 arba

Nepal Credit and Commerce Bank has convened its 20^th and 21^st AGM for the FY 2073-74 and 2074-75 on Bhadra 23, 2076.

The AGM has endorsed 15.89% bonus shares and 0.83% cash dividend for tax purposes. Following the capitalization of bonus shares, the bank’s paid up value will reach Rs 8.13 arba mark.

The bank currently provides its services from its 120 branches and 83 ATM terminals throughout the nation.

In the last FY, the bank raised deposit of Rs 73.35 arba, disbursed Rs 64.81 arba in loans, and earned Rs 1.51 arba in net profit.